S.MURALIDHAR
Lalea Trading – Appellant
Versus
Anant Raj Projects – Respondent
S. MURALIDHAR, J.
1. Lalea Trading Limited (‘LTL’), Cyprus has filed the present petition under Section 9 of the Arbitration and Conciliation Act, 1996 (‘Act’) seeking certain interim reliefs against the Respondents arising out of a Share Subscription Agreement (‘SSA’) dated 26th June 2008, a Share Holders Agreement (‘SHA’) dated 26th June 2008, an Exit Agreement (‘EA’) dated 12th July 2010 and a Share Purchase Agreement (‘SPA’) dated 12th July 2010 entered into between the parties.
Background Facts
2. It must be mentioned at this stage that in the SSA the parties are described as LTL, Anant Raj Industries Ltd. and Anant Raj Projects Private Limited. In the memo of parties, Respondent No.1 has been described as Anantraj Projects Pvt. Ltd. and Respondent No.2 as Anantraj Industries Pvt. Ltd. However, both in its reply and in the affidavit in support thereof Respondent No.1 describes itself as Anant Raj Projects Ltd. (‘ARPL’). That is how it is shown in the cause title in the first page of the petition. Likewise both in its reply and in the affidavit in support thereof Respondent No.2 describes itself as Anant Raj Industries Ltd. (‘ARIL’). Consequently, for the purposes of
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